Since the FTP and IP protocols are being introduced to the market, the telecom industry has seen numerous transactions and technological advancements to increase the efficiency and speed of the communication devices. Thus the demand for high bandwidth communication has been increased over the past few years. In addition to this, recently introduced technologically advanced features such as live buffering or video call will generate significant demand over the forecasted period. Some of the prominent broadband networking architectures that will necessitate the large-scale deployment of fiber optic networks such as; Fiber to the Home (FTTH), Fiber to the Building (FTTB), Fiber to the Cabinet (FTTC), and Fiber to the Premise (FTTP) will further increase the demand for fiber optic cables.
According to AMA, the market for Fiber Optic Cable is expected to register a CAGR of 4.57% during the forecast period to 2026. This growth is primarily driven by Supports Comparatively Higher Bandwidth and Speed than conventional Wires and Upsurging Demand for Optic Fiber Cables from LAN Networks and CCTV Connection.
Globally, a noticeable market trend is evident Introduction to High-Speed Long-Term Evolution (LTE) Technology and Broadband Services
. The Telecommunications Equipment sector in the North Amercia region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Futong Group Co., Ltd. (China), Amphenol (United States), Rockwell Collins (United States), Carlisle Companies (United States), Corning (United States), Jiangsu Zhongtian Technology Co., Ltd. (China), Wuhan Yangtze Communication Industry (China), Fujikura Ltd. (Japan), HENGTONG Group (China), Yangtze Optical FC (China), General Cable (United States) and Sumitomo Corporation (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On April 30, 2019, Carlisle Companies Incorporated has acquired Hosco Fittings (Hosco) and Integrated Dispense Solutions (IDS). Out of which, Hosco is a leading manufacturer of precision stainless steel fluid handling components designed for high volume, high purity paint circulating and application finishing systems. IDS designs and manufactures dispensing solutions for precision applications of high viscosity materials. Both Hosco and IDS will become part of the Carlisle Fluid Technologies (CFT) operating segment.
British Standard Institution has mandated some standards in manufacturing fiber optic cables including "BS 6425-1" which determines the amount of halogen acid gas evolved during combustion of polymeric materials taken from cables. In addition to this, "BS 6425-2" determines the degree of acidity (corrosivity) of gases by measuring PH and conductivity. Moreover the "BS 6724, Appendix F" provides Measurement of smoke density using the 3 m test cube (Absorbance).
- Supports Comparatively Higher Bandwidth and Speed than conventional Wires
- Upsurging Demand for Optic Fiber Cables from LAN Networks and CCTV Connection
- Introduction to High-Speed Long-Term Evolution (LTE) Technology and Broadband Services
- Adoption of Thinner, Light Weight and Highly Advanced Optical Fiber Cables
- Extremely Higher Initial Investments Required for Fiber Optic Cable Installation
- Moderately Prone to Signal Losses due to Fiber Damages
Robust Growth of Optical Communication Infrastructure in Developing Countries and Minimized Post Purchase Maintenance and Internet Fluctuations
Threat of Substitutes such as Wireless Telecommunication Services and Upsurging Transportation Cost for the Sensitive Electrical and Telecommunication Equipments
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Fiber Optic Cable Study Sheds Light on
The Fiber Optic Cable Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Fiber Optic Cable industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Fiber Optic Cable industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.